4370 Town Center Boulevard #270 El Dorado Hills, CA 95762 Each Office is Independently Owned and Operated.
SERRANO
EARL Y SPRI NG • 2021 REAL EST A T E MA RK ET REPO RT
DONNA MENSER
REALTOR | BRE# 01358394 ®
STEPHANI MENSER POLLEY REALTOR® | BRE# 01898563
PREPARED ESPECIALLY FOR
MELISSA CVITANOVIC
FU T U RE FRIEN DS A N D N EIGHBORS
REALTOR® | BRE# 01924412
916.586.7766
Homes@edhrealtor.com www.edhrealtor.com
Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2021
WHY EXPERTS BELIEVE WE ARE NOT FACING A REAL ESTATE BUBBLE With home prices increasing, interest rates remaining at record lows, and demand skyrocketing, the same question seems to be on everyone’s mind; are we in a real estate bubble? Experts and Realtors agree the answer is no.
Better Regulations on Loans
Equity is Growing Quickly
Supply is Still Much Lower than Demand
Permanently Working From Home
Next Generation Influence
Builders Can’t Keep Up
Unlike the Great Recession’s collapse, home loans are no longer funded via low-doc/no-doc loans by borrowers lacking qualifications.
Lack of supply has been a factor for over a decade and has only increased in the last year, creating massive shortages and dramatically increased prices.
Over 50% of young adults live with their parents. It’s only a matter of time before these individuals are looking for their first home.
2020 saw an increase of 11%, and this year is on track for another 6% growth. People can sell or refinance and banks still come out ahead.
COVID-19 has shown that many jobs can be performed remotely, so buyers are moving to areas that better suit their lifestyles.
Some home builders have reported a ten-month waiting time for construction, while others are using a lottery system.
Dear Future Friends and Neighbors, With such a unique market, it’s important to work with a Realtor who understands not only the current market trends, but your community as well. Let us go to work for you and help achieve your real estate goals. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. © 2021 All rights reserved.
P R E SE N T E D BY T H E ME NS ER REA L ES T A T E G ROUP Y O UR S E R R A N O REA L ESTA TE SPECI A LI STS